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1 Hour, 2 Question 15 1 pts You will receive annual payments of $15,000 for each of the next 13 years. The discount rate is

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1 Hour, 2 Question 15 1 pts You will receive annual payments of $15,000 for each of the next 13 years. The discount rate is 9 percent compounded annually. What is the difference in the present value if you receive these payments at the beginning of each year rather than at the end of each year? a. $9,211 b. $9,698 c. $9,704 d. $9,876 e. $10,107

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